Lenders would prefer if you can give a 20% down in order to get a mortgage. If you cannot give 20% down, you will have to go for a private mortgage insurance. I don't think any lender would come forward to give you a loan of full $20K.

Apart from personal loan there is one more lucrative option for this problem that is loan against property ( i have assumed that his/her parents have some immovable property)

As [size=24:c59116b3c3]loan against property[/size:c59116b3c3] is the safest option for the lender as it is secured debt against personal loan which is most of the time termed as unsecured loan and thus charged high interest rates.

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